Solaris has received regulatory approval for the takeover by SBI Group. This development follows Solaris's €140 million Series G funding round secured earlier this year, which aimed at fostering sustainable growth and increasing the company's profitability. Yoshitaka Kitao, the top e
Digital currencies have dramatically transformed the global financial system by providing swift, cost-effective transaction methods and bridging traditional and modern economies. XRP and Stellar (XLM) stand out as two such digital currencies that work in conjunction rather than competition to
The ongoing lawsuit between Gemini Trust, led by Tyler and Cameron Winklevoss, and the U.S. Securities and Exchange Commission (SEC) has caught the attention of the cryptocurrency world. The SEC alleges that Gemini Earn, a program for lending cryptocurrency assets to retail investors, was offered
The increasing usage of bitcoin ATMs has necessitated enhanced security measures to safeguard transactions and user data. Recently, Bullet Blockchain, a key player in the bitcoin ATM network space, announced a strategic partnership with SalioTech to fortify their services' security. This
In today's rapidly evolving digital economy, traditional financial systems face substantial challenges that hinder their efficiency, accessibility, and cost-effectiveness. High transaction costs, inefficiencies, and security concerns are just a few issues plaguing traditional banking
In 2025, U.S. consumers experienced unprecedented losses from bank transfers and payments, with the amount exceeding losses from cryptocurrency transactions. The Federal Trade Commission (FTC) reported that bank transfer-related fraud reached a staggering $2.09 billion, marking the highest value of
UnionBank of the Philippines has received international recognition for its excellence in wealth management by being named the Best Wealth Management Bank in the Philippines at The Asian Banker’s Global Excellence in Retail Finance Awards. This accolade highlights UnionBank’s dedication to digital i
In a groundbreaking move, Canton Network has announced its integration with iBTC, a secure, bridgeless wrapped Bitcoin solution specifically designed for decentralized finance (DeFi). This strategic partnership aims to bring Bitcoin-based assets on-chain, significantly enhancing their utilization
The phase-out of the MetroCard, a pivotal component in New York City's transit system since 1993, is set to reach its culmination with the full adoption of the OMNY (One Metro New York) contactless payment system by 2026. The MetroCard, which has served millions of commuters over the last
The dynamic realm of cryptocurrencies is continuously evolving, influenced by technological advancements, regulatory developments, and fluctuating market sentiment. By March 24, 2025, the landscape had witnessed notable shifts with certain digital assets capturing the attention of investors and
